The Russian economy is finally stagnating. What does it mean for the war – and for Putin?

<p>A wartime boom in Russia has given way to sluggish growth, tax hikes and squeezed public services. Will it affect the conflict in Ukraine?</p><p>Western leaders were bullish when they imposed sanctions on Russia after the invasion of Ukraine in 2022.</p><p>“The Russian economy is on track to be cut in half,” <a href="https://x.com/POTUS46Archive/status/1507842574865866763">said</a> the then US president, Joe Biden, in March, a month into the war.</p> <a href="https://www.theguardian.com/world/ng-interactive/2026/feb/06/the-russian-economy-is-finally-stagnating-what-does-it-mean-for-the-war-and-for-putin">Continue reading...</a>